The most important asset supervisor on the planet met with the U.S. Securities and Change Fee (SEC) to debate a number of facets of its crypto market regulation.
In line with a brand new memo, asset administration large BlackRock met with the SEC Crypto Activity Pressure to debate crypto staking, asset tokenization, the agency’s suite of digital asset merchandise, crypto exchange-traded product (ETP) approval requirements, in addition to choices on crypto ETPs.
“On Could ninth, 2025, Crypto Activity Pressure Employees met with representatives from BlackRock, Inc. The subject mentioned was approaches to addressing points associated to the regulation of crypto belongings.”
The SEC Crypto Activity Pressure, led by Commissioner Hester Peirce, was launched in January 2025 by then Performing Chairman Mark T. Uyeda to create clear crypto pointers and supply reasonable paths to registration.
Earlier this month, BlackRock, which has over $11 trillion beneath its administration, continued its growth into the world of digital belongings because it purchased billions of {dollars} value of Bitcoin (BTC), the highest crypto asset by market cap.
Information from Bitcoin Treasuries reveals that the iShares Bitcoin Belief (IBIT), BlackRock’s BTC-based exchange-traded fund (ETF), presently has 620,252 BTC value about $64.327 billion.
IBIT, which was launched in January 2024, is presently the biggest BTC-based ETF and holds the file for probably the most profitable ETF launch in historical past.
Bitcoin is buying and selling for $103,213 at time of writing, a marginal enhance over the last 24 hours.
Observe us on X, Facebook and Telegram
Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox
Verify Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Each day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses chances are you’ll incur are your duty. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in online marketing.
Generated Picture: Midjourney
